Texas Instruments CEO: 50-inch DLPs for $1200 this year

In an interview with BusinessWeek, Texas Instruments CEO Rich Templeton talks all things DLP (except wobulation), and where the technology is going: 1080p, 3D displays, LED light sources, and how Moore's Law applys to TVs. He also remarks on the rapidly dropping prices for the technology, saying we will likely see prices dip under $1200 this year. which isn't that surprising as a quick Froogle search will find you a few already in the $1450 area brand-new. It will be interesting to see how the technology will improve and compete against flat-panel displays that are also dropping prices and adding features.